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ASX Code: ORS
             ABN: 38 147 300 418




    Gold Symposium
   Luna Park Sydney,
     October 2012

 “Building a sustainable gold
producing operation in Victoria
  to fund Company growth”


                                   Photo: Portal of Union Hill Decline (Maldon, VIC)




www.octagonalresources.com.au
Disclaimer

Octagonal Resources Limited has prepared this presentation based on information available to it. No representation or warranty, express
or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in
this presentation.
All dollar terms expressed in this presentation are in Australian dollars unless otherwise stated.
To the maximum extent permitted by law, none of Octagonal Resources Limited, its directors, employees or agents, advisers, nor any
other person accepts any liability, including, without limitation, any liability arising from fault or negligence on the part of any of them or
any other person, for any loss arising from the use of this presentation or its contents or otherwise arising in connection with it.
This presentation is not an offer, invitation, solicitation or other recommendation with respect to the subscription for, purchase or sale of
any security, and neither this presentation nor anything in it shall form the basis of any contract or commitment whatsoever. This
presentation may contain forward looking statements that are subject to risk factors associated with gold exploration, mining and
production businesses. It is believed that the expectations reflected in these statements are reasonable but they may be affected by a
variety of variables and changes in underlying assumptions which could cause actual results or trends to differ materially, including but
not limited to price fluctuations, actual demand, currency fluctuations, drilling and production results, reserve estimations, loss of market,
industry competition, environmental risks, physical risks, legislative, fiscal and regulatory changes, economic and financial market
conditions in various countries and regions, political risks, project delay or advancement, approvals and cost estimates.
The information in this presentation that relates to mineral resources and exploration results are based on information compiled by Mr
Anthony Gray who is a Member of the Australian Institute of Geoscientists. Any statement herein, direct or implied, as to a potential gold
deposit is conceptual in nature and a reference to the targeted gold potential and not to any JORC compliant Mineral Resource. Mr Gray
is a full time employee of Octagonal Resources Limited, and has sufficient experience which is relevant to the style of mineralisation
under consideration to qualify as a Competent Person as defined in the 2004 edition of the JORC Code. Mr Gray has given his consent
to the inclusion in this presentation of the matters based on the information in the form and context in which it appears.
The information in this presentation that relates to exploration and production targets refers to targets that are conceptual in nature,
where there has been insufficient exploration to define a Mineral Resource and it is uncertain if further exploration will result in the
determination of a Mineral Resource.




                                                                                                                                             2
Investment Highlights

             Junior Australian gold company with a cash flow
             Targeting sustained production of ~30,000 oz pa low cost high grade gold
             150,000 tpa CIL gold processing plant at Maldon
             JORC-compliant Inferred Resources totalling 245,000 oz of gold 1
             1,900 metre decline accesses 182,000 oz underground resource        1

              Re-processing Kangaroo Flat flotation concentrate tailings
              Ore processing agreement with A1 Gold Mine


             520 km2 landholding surrounded by +12 million oz St Ives Goldfield,
             +0.8 million oz Daisy Milano Mine and +0.4 million oz Salt Creek Mine
             Targeting plus million ounce gold deposits
             Significant gold, copper, and silver discovered in first RC drilling program




1: Refer to slide 18 – JORC Resource Inventory                                              3
Company Overview
ASX Code: ORS                                         Directors
ASX Listed                   5 January 2011           Ian Gandel              Chairman
Ordinary Shares               100.0 million           Anthony Gray            Managing Director
Options                             0                 Ian Pamensky            Non-Executive Director
Market Cap. ($0.18)            $18 million
Cash                    $3.2 million (30 Jun. 2012)
                                                      Major Shareholders                    Shares        %
Debt                                $0
                                                      Alliance Resources Limited           22 million    22
Range (since listing)         $0.11 - $0.25
                                                      Abbotsleigh Pty Ltd (Ian Gandel)    19.9 million   19.9
Average Daily Volume          42,000 shares
                                                      JP Morgan Nominees                   9.5 million   9.5
                                                      Top 20 Shareholders                 66.5 million   66.5
                                                      TOTAL SHARES                        100,048,002    100




                                                                                                                4
Victorian Gold Operation
                                    Victorian Primary Gold
                   Bendigo Zone
                                    Total production: 80M oz
                   25M oz primary   Primary production: 35M oz
                                    Maldon
                                    1.75M oz primary Au, av. 28 g/t Au
                                    0.3M oz alluvial Au




                                                                         5
Victorian Mining Strategy


  Focus on grade and profit not tonnes and ounces
  Narrow vein mining – small mining equipment – owner operator
  Understand the gold distribution and ground conditions of deposit
  Low cash costs – small multi-skilled professional and experienced team
  Develop multiple underground and open pit ore sources – strong project pipeline
  Supplement production profile with third party ore
  Use existing resources to fund Company growth




                                                                                    6
Alliance South Deposit


                      ALLIANCE SOUTH - MALDON




Portal of Union Hill Decline                     Alliance South Reef



1: Refer to slide 18 – JORC Resource Inventory

                                                                       7
Alliance South Deposit




               Eaglehawk Reef: Long Section

                                              8
Central Maldon Shear Zone



   Nuggetty Reef: 301,000 oz
   Eaglehawk Reef: 491,000 oz
   Beehive Reef: 250,000 oz
   German Reef: 277,000 oz
   Victoria & Derby Reef: 150,000 oz



                                              Alliance
                                               South
                                               Shoot
                                       400m




Photo: Nuggetty Alliance Shaft                           9
Open Pit Mining

      60 kilometres from Maldon
      30 metre deep trial open pit
      Currently mining


      40 kilometres from Maldon
      Inferred Resource:
       570,000 t @ 2.9 g/t Au for 53,000 oz Au1
      Resource upgrade – pit optimisation


      40 kilometres from Maldon
      Inferred Resource:
       114,000 t @ 2.9 g/t Au for 10,500 oz Au1
      Resource upgrade – pit optimisation


      30 kilometres from Maldon
      Resource definition – pit optimisation      Black Reef open pit

1: Refer to slide 18 – JORC Resource Inventory                          10
Ore Processing Agreement

KANGAROO FLAT GOLD MINE – BENDIGO
  25 kilometres from Maldon
  40,000t flotation concentrate tailings       Tailings to be removed before 31 Dec. 2012
  Initial 2,000t trial recovery: + 5 g/t Au    Octagonal manage and pay for 50% of all costs
  Est. cash operating cost: < $500/oz          Octagonal receive 50% of gold produced




   Excavator removing Kangaroo Flat tailings            Dredge in Kangaroo Flat tailings dam

                                                                                               11
Ore Processing Agreement

         A1 GOLD MINE – WOODS POINT
  200 kilometres from Maldon
  Historic production: 450,000 oz @ 30 g/t Au
  Quartz reef & vein stock work in mafic dykes


  3 year contract
  50,000 tonnes per year
  Consideration:
     Processing fee
     10% of gold produced




                                                 12
Production Targets
                     Sept. Qtr. 12   Dec. Qtr. 12   Mar. Qtr. 13    Jun. Qtr. 13    Sept. Qtr. 13      TOTAL

 Tonnes Processed       7,000          12,000          15,000          13,000          14,000          61,000

Gold Produced (oz)    310 - 370      1,510 -1,980   1,950 - 2,510   1,640 - 2,210   1,750 - 2,570   7,160 - 9,640

 ORS Share of Gold
                     135 - 165     610 - 770    860 - 1,080     560 -720    1,200 - 1,880 3,365 - 4,615
  Produced (oz)
ORS Ore Processing
                     $350,000      $380,000      $440,000      $485,000       $205,000     $1,860,000
   Revenue (A$)
ORS TOTAL REVENUE
                   $0.3M - $0.6M $1.3M - $1.7M $1.8M - $2.3M $1.2M - $1.7M $3.2M - $3.4M $7.9M - $9.7M
   (Au: A$1,700)

      Ore sources:
           Kangaroo Flat tailings
          A1 Gold Mine
           Black Reef Trial Open Pit
          Alliance South 1110 Level
     30,000 oz pa target achieved upon
     start of Pearl Croydon and Specimen
     Reef open pits in 2014 →
     current 3 year open pit mine life
                                                                                                                13
Hogan’s Project - WA
  Emerging gold producing district
  Surrounded by:
  + 12 million oz St Ives Goldfield,
  + 0.8 million oz Daisy Milano Mine,
  + 0.4 million oz Salt Creek Mine
  Historic exploration:
  1,115 aircore holes
  44 RC holes                           Burns

  1 diamond hole

  Octagonal exploration (18 months):
  957 aircore holes for 43,000 metres
  33 RC holes for 4,750 metres




                                                14
Burns Prospect
 Discovered May 2011
 Gold aircore anomaly defined over 1km2
 First RC drilling January 2012
 Unique style of mineralisation
 High-grade gold and copper up to
 21.0g/t Au and 6.7% Cu
 Significant results:
  • 9m @ 1.5 g/t Au, 1.2 g/t Ag & 1.0% Cu
    inc. 2m @ 1.5 g/t Au, 2.7 g/t Ag & 4.2% Cu
  • 6m @ 4.9 g/t Au, 2.2 g/t Ag & 0.4% Cu
  • 4m @ 0.1 g/t Au, 4.7 g/t Ag & 1.5% Cu
  • 12m @ 0.8 g/t Au, 4.5 g/t Ag & 1.7% Cu
    inc. 3m @ 2.1 g/t Au, 11.9 g/t Ag & 4.8% Cu
  • 32m @ 1.7 g/t Au, 1.3 g/t Ag & 0.6% Cu
    inc. 6m @ 4.9 g/t Au, 1.9 g/t Ag & 2.1% Cu
  • 6m @ 4.9 g/t Au, 2.0 g/t Ag & 0.9% Cu
  • 1m @ 8.5 g/t Au, 8.7 g/t Ag & 6.7% Cu
  • 4m @ 0.7 g/t Au, 2.8 g/t Ag & 2.0% Cu

                                                  15
Summary - Value Proposition

             100 m shares on issue, $3.2 m cash (30 June 2012) (no options)
             Enterprise Value: $14.8 m @ 18c
             Tight shareholding (top 20 shareholders own 66.5% of Company )
             Experienced board and management


             +$30 m sunk capital in 150,000 tpa CIL gold processing plant and
             1,900m decline to underground resource (182,000 oz) 1
             JORC-compliant Inferred Resources totalling 245,000 oz of gold 1
             Underground and open pit mining – gold production commenced with third party ore
             Targeting 30,000 oz pa low cost high grade gold production
             Strong project pipeline


             Targeting plus million ounce gold deposits
             Emerging gold producing district near existing mining infrastructure
             Burns Prospect: Potential for large multi-commodity deposit
1: Refer to slide 18 – JORC Resource Inventory                                                  16
ASX Code: ORS




                                    Thank you




Photo: Diamond Drilling at Maldon




                                                      17
Presentation Appendix
                               JORC RESOURCE INVENTORY
                                 Alliance South Mineral Resource Estimate (October 2009)
                                                      Estimated Gold Resource and Category
    Deposit        Location            Measured                    Indicated                                 Inferred
                               ‘000t     Au g/t   ‘000oz    ‘000t    Au g/t  ‘000oz      ‘000t                Au g/t     ‘000oz
    Alliance       West Zone                                                                     287             12        110
     South         East Zone                                                                     186             12         72
               Total                                                                             473             12        182

                                  Pearl Croydon Mineral Resource Estimate (July 2010)
               Deposit                    Reef             Resource     Tonnes        Gold Grade                        Gold
                                                           Category                      (g/t)                        (ounces)
      Pearl Croydon North               West Reef           Inferred    142,444           2.3                          10,702
                                       Central Reef         Inferred    293,010           2.4                          22,812
                                        East Reef           Inferred     20,072           4.6                           2,949
                                        Sub Total           Inferred    455,526           2.5                          36,463
          London Hill                   Main Reef           Inferred     49,612           4.4                           6,957
                                    Hanging wall Reef       Inferred     27,515           4.1                           3,665
                                        Sub Total           Inferred     77,128           4.3                          10,622
               Mullocky                 West Reef           Inferred     13,693           2.7                           1,188
                                        East Reef           Inferred     24,212           6.5                           5,091
                                        Sub Total           Inferred     37,905           5.2                           6,278
                                         TOTAL              Inferred    570,559           2.9                          53,364
                                      Specimen Reef Mineral Resource Estimate (March 2012)
                                                                 Estimated Gold Resource and Category
                 Deposit                             Indicated                                          Inferred
                                      Tonnes           Au g/t          ‘000oz          Tonnes           Au g/t          Ounces
           Specimen Reef                                                               114,000            2.9            10,480
                  Total                                                                114,000            2.9            10,480


                                                                                                                                  18

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ORS Gold Symposium to Highlight Victorian Production

  • 1. ASX Code: ORS ABN: 38 147 300 418 Gold Symposium Luna Park Sydney, October 2012 “Building a sustainable gold producing operation in Victoria to fund Company growth” Photo: Portal of Union Hill Decline (Maldon, VIC) www.octagonalresources.com.au
  • 2. Disclaimer Octagonal Resources Limited has prepared this presentation based on information available to it. No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this presentation. All dollar terms expressed in this presentation are in Australian dollars unless otherwise stated. To the maximum extent permitted by law, none of Octagonal Resources Limited, its directors, employees or agents, advisers, nor any other person accepts any liability, including, without limitation, any liability arising from fault or negligence on the part of any of them or any other person, for any loss arising from the use of this presentation or its contents or otherwise arising in connection with it. This presentation is not an offer, invitation, solicitation or other recommendation with respect to the subscription for, purchase or sale of any security, and neither this presentation nor anything in it shall form the basis of any contract or commitment whatsoever. This presentation may contain forward looking statements that are subject to risk factors associated with gold exploration, mining and production businesses. It is believed that the expectations reflected in these statements are reasonable but they may be affected by a variety of variables and changes in underlying assumptions which could cause actual results or trends to differ materially, including but not limited to price fluctuations, actual demand, currency fluctuations, drilling and production results, reserve estimations, loss of market, industry competition, environmental risks, physical risks, legislative, fiscal and regulatory changes, economic and financial market conditions in various countries and regions, political risks, project delay or advancement, approvals and cost estimates. The information in this presentation that relates to mineral resources and exploration results are based on information compiled by Mr Anthony Gray who is a Member of the Australian Institute of Geoscientists. Any statement herein, direct or implied, as to a potential gold deposit is conceptual in nature and a reference to the targeted gold potential and not to any JORC compliant Mineral Resource. Mr Gray is a full time employee of Octagonal Resources Limited, and has sufficient experience which is relevant to the style of mineralisation under consideration to qualify as a Competent Person as defined in the 2004 edition of the JORC Code. Mr Gray has given his consent to the inclusion in this presentation of the matters based on the information in the form and context in which it appears. The information in this presentation that relates to exploration and production targets refers to targets that are conceptual in nature, where there has been insufficient exploration to define a Mineral Resource and it is uncertain if further exploration will result in the determination of a Mineral Resource. 2
  • 3. Investment Highlights Junior Australian gold company with a cash flow Targeting sustained production of ~30,000 oz pa low cost high grade gold 150,000 tpa CIL gold processing plant at Maldon JORC-compliant Inferred Resources totalling 245,000 oz of gold 1 1,900 metre decline accesses 182,000 oz underground resource 1 Re-processing Kangaroo Flat flotation concentrate tailings Ore processing agreement with A1 Gold Mine 520 km2 landholding surrounded by +12 million oz St Ives Goldfield, +0.8 million oz Daisy Milano Mine and +0.4 million oz Salt Creek Mine Targeting plus million ounce gold deposits Significant gold, copper, and silver discovered in first RC drilling program 1: Refer to slide 18 – JORC Resource Inventory 3
  • 4. Company Overview ASX Code: ORS Directors ASX Listed 5 January 2011 Ian Gandel Chairman Ordinary Shares 100.0 million Anthony Gray Managing Director Options 0 Ian Pamensky Non-Executive Director Market Cap. ($0.18) $18 million Cash $3.2 million (30 Jun. 2012) Major Shareholders Shares % Debt $0 Alliance Resources Limited 22 million 22 Range (since listing) $0.11 - $0.25 Abbotsleigh Pty Ltd (Ian Gandel) 19.9 million 19.9 Average Daily Volume 42,000 shares JP Morgan Nominees 9.5 million 9.5 Top 20 Shareholders 66.5 million 66.5 TOTAL SHARES 100,048,002 100 4
  • 5. Victorian Gold Operation Victorian Primary Gold Bendigo Zone Total production: 80M oz 25M oz primary Primary production: 35M oz Maldon 1.75M oz primary Au, av. 28 g/t Au 0.3M oz alluvial Au 5
  • 6. Victorian Mining Strategy Focus on grade and profit not tonnes and ounces Narrow vein mining – small mining equipment – owner operator Understand the gold distribution and ground conditions of deposit Low cash costs – small multi-skilled professional and experienced team Develop multiple underground and open pit ore sources – strong project pipeline Supplement production profile with third party ore Use existing resources to fund Company growth 6
  • 7. Alliance South Deposit ALLIANCE SOUTH - MALDON Portal of Union Hill Decline Alliance South Reef 1: Refer to slide 18 – JORC Resource Inventory 7
  • 8. Alliance South Deposit Eaglehawk Reef: Long Section 8
  • 9. Central Maldon Shear Zone Nuggetty Reef: 301,000 oz Eaglehawk Reef: 491,000 oz Beehive Reef: 250,000 oz German Reef: 277,000 oz Victoria & Derby Reef: 150,000 oz Alliance South Shoot 400m Photo: Nuggetty Alliance Shaft 9
  • 10. Open Pit Mining 60 kilometres from Maldon 30 metre deep trial open pit Currently mining 40 kilometres from Maldon Inferred Resource: 570,000 t @ 2.9 g/t Au for 53,000 oz Au1 Resource upgrade – pit optimisation 40 kilometres from Maldon Inferred Resource: 114,000 t @ 2.9 g/t Au for 10,500 oz Au1 Resource upgrade – pit optimisation 30 kilometres from Maldon Resource definition – pit optimisation Black Reef open pit 1: Refer to slide 18 – JORC Resource Inventory 10
  • 11. Ore Processing Agreement KANGAROO FLAT GOLD MINE – BENDIGO 25 kilometres from Maldon 40,000t flotation concentrate tailings Tailings to be removed before 31 Dec. 2012 Initial 2,000t trial recovery: + 5 g/t Au Octagonal manage and pay for 50% of all costs Est. cash operating cost: < $500/oz Octagonal receive 50% of gold produced Excavator removing Kangaroo Flat tailings Dredge in Kangaroo Flat tailings dam 11
  • 12. Ore Processing Agreement A1 GOLD MINE – WOODS POINT 200 kilometres from Maldon Historic production: 450,000 oz @ 30 g/t Au Quartz reef & vein stock work in mafic dykes 3 year contract 50,000 tonnes per year Consideration: Processing fee 10% of gold produced 12
  • 13. Production Targets Sept. Qtr. 12 Dec. Qtr. 12 Mar. Qtr. 13 Jun. Qtr. 13 Sept. Qtr. 13 TOTAL Tonnes Processed 7,000 12,000 15,000 13,000 14,000 61,000 Gold Produced (oz) 310 - 370 1,510 -1,980 1,950 - 2,510 1,640 - 2,210 1,750 - 2,570 7,160 - 9,640 ORS Share of Gold 135 - 165 610 - 770 860 - 1,080 560 -720 1,200 - 1,880 3,365 - 4,615 Produced (oz) ORS Ore Processing $350,000 $380,000 $440,000 $485,000 $205,000 $1,860,000 Revenue (A$) ORS TOTAL REVENUE $0.3M - $0.6M $1.3M - $1.7M $1.8M - $2.3M $1.2M - $1.7M $3.2M - $3.4M $7.9M - $9.7M (Au: A$1,700) Ore sources: Kangaroo Flat tailings A1 Gold Mine Black Reef Trial Open Pit Alliance South 1110 Level 30,000 oz pa target achieved upon start of Pearl Croydon and Specimen Reef open pits in 2014 → current 3 year open pit mine life 13
  • 14. Hogan’s Project - WA Emerging gold producing district Surrounded by: + 12 million oz St Ives Goldfield, + 0.8 million oz Daisy Milano Mine, + 0.4 million oz Salt Creek Mine Historic exploration: 1,115 aircore holes 44 RC holes Burns 1 diamond hole Octagonal exploration (18 months): 957 aircore holes for 43,000 metres 33 RC holes for 4,750 metres 14
  • 15. Burns Prospect Discovered May 2011 Gold aircore anomaly defined over 1km2 First RC drilling January 2012 Unique style of mineralisation High-grade gold and copper up to 21.0g/t Au and 6.7% Cu Significant results: • 9m @ 1.5 g/t Au, 1.2 g/t Ag & 1.0% Cu inc. 2m @ 1.5 g/t Au, 2.7 g/t Ag & 4.2% Cu • 6m @ 4.9 g/t Au, 2.2 g/t Ag & 0.4% Cu • 4m @ 0.1 g/t Au, 4.7 g/t Ag & 1.5% Cu • 12m @ 0.8 g/t Au, 4.5 g/t Ag & 1.7% Cu inc. 3m @ 2.1 g/t Au, 11.9 g/t Ag & 4.8% Cu • 32m @ 1.7 g/t Au, 1.3 g/t Ag & 0.6% Cu inc. 6m @ 4.9 g/t Au, 1.9 g/t Ag & 2.1% Cu • 6m @ 4.9 g/t Au, 2.0 g/t Ag & 0.9% Cu • 1m @ 8.5 g/t Au, 8.7 g/t Ag & 6.7% Cu • 4m @ 0.7 g/t Au, 2.8 g/t Ag & 2.0% Cu 15
  • 16. Summary - Value Proposition 100 m shares on issue, $3.2 m cash (30 June 2012) (no options) Enterprise Value: $14.8 m @ 18c Tight shareholding (top 20 shareholders own 66.5% of Company ) Experienced board and management +$30 m sunk capital in 150,000 tpa CIL gold processing plant and 1,900m decline to underground resource (182,000 oz) 1 JORC-compliant Inferred Resources totalling 245,000 oz of gold 1 Underground and open pit mining – gold production commenced with third party ore Targeting 30,000 oz pa low cost high grade gold production Strong project pipeline Targeting plus million ounce gold deposits Emerging gold producing district near existing mining infrastructure Burns Prospect: Potential for large multi-commodity deposit 1: Refer to slide 18 – JORC Resource Inventory 16
  • 17. ASX Code: ORS Thank you Photo: Diamond Drilling at Maldon 17
  • 18. Presentation Appendix JORC RESOURCE INVENTORY Alliance South Mineral Resource Estimate (October 2009) Estimated Gold Resource and Category Deposit Location Measured Indicated Inferred ‘000t Au g/t ‘000oz ‘000t Au g/t ‘000oz ‘000t Au g/t ‘000oz Alliance West Zone 287 12 110 South East Zone 186 12 72 Total 473 12 182 Pearl Croydon Mineral Resource Estimate (July 2010) Deposit Reef Resource Tonnes Gold Grade Gold Category (g/t) (ounces) Pearl Croydon North West Reef Inferred 142,444 2.3 10,702 Central Reef Inferred 293,010 2.4 22,812 East Reef Inferred 20,072 4.6 2,949 Sub Total Inferred 455,526 2.5 36,463 London Hill Main Reef Inferred 49,612 4.4 6,957 Hanging wall Reef Inferred 27,515 4.1 3,665 Sub Total Inferred 77,128 4.3 10,622 Mullocky West Reef Inferred 13,693 2.7 1,188 East Reef Inferred 24,212 6.5 5,091 Sub Total Inferred 37,905 5.2 6,278 TOTAL Inferred 570,559 2.9 53,364 Specimen Reef Mineral Resource Estimate (March 2012) Estimated Gold Resource and Category Deposit Indicated Inferred Tonnes Au g/t ‘000oz Tonnes Au g/t Ounces Specimen Reef 114,000 2.9 10,480 Total 114,000 2.9 10,480 18